Sponsor: Falmouth Housing Corp. & Affirmative Investments
Loan Approved: June 24, 2004
MHP provided $4.35 million in financing to support the construction of 58 mixed-income apartments.
TYPE: New construction
WHERE: 704 Main St., Falmouth
WHAT: 58 apartments
AFFORDABILITY: 48 affordable at 80 percent AMI
MHP FINANCING: $3.6M perm loan, $750,000 deferred payment 2nd mortgage
RENTAL INFO: Falmouth Housing Corp., 508-540-4009